New Knowledge

New Knowledge ℹ️

Creator Knowledge Date Created Closest Knowledge
Robert C. Merton Continuous-time models for option pricing, including the Black-Scholes formula, can be derived using stochastic calculus 1973 254, 286, 207, 258, 264
Eugene Fama The efficient-market hypothesis, arguing that financial markets are always perfectly efficient 1970. 263, 253, 271, 248, 256
Elon Musk and SpaceX Reusable rockets are possible. The Falcon 9 booster returned to a landing site near its launch pad successfully, marking the first time in history a rocket returned to land vertically after being launched into space 2015. 137, 76, 125, 181, 85
Georg Cantor The theory of sets and the concept of infinite sets, which revolutionized the understanding of infinity in mathematics 1874. 157, 158, 163, 154, 162
Harry Markowitz Risk of a portfolio is not just the weighted sum of its components' risks, but also includes the correlation between the components 1952 205, 261, 282, 281, 257